# Nicholson Wealth Management Group

> Nicholson Wealth Management Group is an SEC-registered investment advisory firm in Charleston, SC, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 2, 2026.

- CRD: 327001
- Filed as: NICHOLSON WEALTH MANAGEMENT GROUP
- Legal name: Nicholson Wealth Management Group, LLC
- Also doing business as: NICHOLSON WEALTH MANAGEMENT GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Charleston, SC
- Filing period: October 2026
- Form ADV filing dated: June 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/327001
- AdvisorCensus page: https://advisorcensus.com/firm/nicholson-wealth-management-group-charleston-sc-327001

## Quick answers

**How is Nicholson Wealth Management Group compensated?**
On its Form ADV (Item 5.E, October 2026), Nicholson Wealth Management Group reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Nicholson Wealth Management Group located?**
Nicholson Wealth Management Group's principal office is in Charleston, SC, according to its Form ADV.

**Is Nicholson Wealth Management Group registered with the SEC or a state?**
Nicholson Wealth Management Group is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327001.

**How much does Nicholson Wealth Management Group manage?**
Nicholson Wealth Management Group reports $321,991,464 in regulatory assets under management in its Form ADV filing dated June 2, 2026 (100% discretionary).

**How have Nicholson Wealth Management Group's assets and staff changed since 2023?**
In the Form ADV data for Nicholson Wealth Management Group: Regulatory assets under management: $0 in the October 2023 data and $321,991,464 in the October 2026 data. Total employees: 3 in October 2023 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Nicholson Wealth Management Group serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (123); high net worth individuals (82).

**Which custodians does Nicholson Wealth Management Group use?**
Nicholson Wealth Management Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Nicholson Wealth Management Group report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/327001

**Does Nicholson Wealth Management Group state an account minimum?**
Its Form ADV Part 2A brochure dated June 2, 2026 says: "NWMG does not impose a minimum portfolio size or a minimum initial investment to open an account. However, NWMG does reserve the right to accept or decline a potential client for any reason in its sole discretion."

**What changed in Nicholson Wealth Management Group's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $291,303,842 to $321,991,464 (+11%). Employees performing advisory functions went from 3 to 2. Added the business name Nicholson Wealth Management Group.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated June 2, 2026)

- Account minimum: None (the brochure says it may be waived or negotiated)

> NWMG does not impose a minimum portfolio size or a minimum initial investment to open an account. However, NWMG does reserve the right to accept or decline a potential client for any reason in its sole discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $321,991,464
- Discretionary: $321,991,464
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 123 | $43,609,482 |
| High net worth individuals | 82 | $253,413,511 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $11,884,229 |
| Charitable organizations | Fewer than 5 | $316,618 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $12,767,624 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2023 (3 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NC, SC, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- nicholsonwmg.com
- Facebook @Nicholson-Wealth-Management-Group
- LinkedIn @nicholson-wealth-management-group

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $0 | 3 | October 2, 2023 |
| October 2024 | $226,295,828 | 3 | May 31, 2024 |
| October 2025 | $291,303,842 | 4 | April 17, 2025 |
| October 2026 | $321,991,464 | 4 | June 2, 2026 |

Regulatory assets under management: $0 in the October 2023 data and $321,991,464 in the October 2026 data.
Total employees: 3 in October 2023 and 4 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $291,303,842 to $321,991,464 (+11%).
- Employees performing advisory functions went from 3 to 2.
- Added the business name Nicholson Wealth Management Group.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Nicholson Wealth Management Group (CRD 327001): Form ADV filing data as of October 2026.